FactSet Research Systems Inc. (NYSE:FDS) CEO Frederick Philip Snow sold 6,250 shares of the stock in a transaction dated Wednesday, October 5th. The shares were sold at an average price of $158.22, for a total value of $988,875.00. Following the transaction, the chief executive officer now directly owns 10,551 shares in the company, valued at approximately $1,669,379.22. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

FactSet Research Systems Inc. (NYSE:FDS) opened at 157.38 on Friday. FactSet Research Systems Inc. has a 52-week low of $135.95 and a 52-week high of $183.17. The company’s 50 day moving average price is $173.35 and its 200 day moving average price is $162.66. The company has a market cap of $6.30 billion, a P/E ratio of 19.22 and a beta of 0.78.

FactSet Research Systems (NYSE:FDS) last released its earnings results on Tuesday, September 27th. The company reported $1.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.70 by $0.01. FactSet Research Systems had a return on equity of 48.65% and a net margin of 30.06%. The company had revenue of $287.30 million for the quarter. During the same quarter in the previous year, the firm earned $1.48 EPS. The business’s quarterly revenue was up 9.7% compared to the same quarter last year. Equities research analysts anticipate that FactSet Research Systems Inc. will post $7.04 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for FactSet Research Systems (NYSE:FDS)

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 20th. Investors of record on Wednesday, August 31st were issued a dividend of $0.50 per share. The ex-dividend date was Monday, August 29th. This represents a $2.00 annualized dividend and a yield of 1.27%. FactSet Research Systems’s payout ratio is presently 24.30%.

A number of analysts have issued reports on the company. Goldman Sachs Group Inc. reaffirmed a “sell” rating and issued a $125.00 target price (up previously from $124.00) on shares of FactSet Research Systems in a report on Friday, September 30th. Zacks Investment Research raised FactSet Research Systems from a “sell” rating to a “hold” rating in a report on Thursday, September 29th. Oppenheimer Holdings Inc. reaffirmed a “market perform” rating on shares of FactSet Research Systems in a report on Wednesday, September 28th. Morgan Stanley set a $161.00 target price on FactSet Research Systems and gave the company a “hold” rating in a report on Wednesday, September 28th. Finally, Credit Suisse Group AG reaffirmed a “buy” rating and issued a $179.00 target price on shares of FactSet Research Systems in a report on Wednesday, September 28th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $169.67.

A number of hedge funds have recently added to or reduced their stakes in FDS. Wellington Management Group LLP increased its position in shares of FactSet Research Systems by 4.9% in the first quarter. Wellington Management Group LLP now owns 1,307,959 shares of the company’s stock worth $198,195,000 after buying an additional 61,270 shares during the period. Atlanta Capital Management Co. L L C increased its position in shares of FactSet Research Systems by 13.1% in the first quarter. Atlanta Capital Management Co. L L C now owns 1,079,048 shares of the company’s stock worth $163,508,000 after buying an additional 125,038 shares during the period. Prudential Financial Inc. increased its position in shares of FactSet Research Systems by 0.9% in the first quarter. Prudential Financial Inc. now owns 25,599 shares of the company’s stock worth $3,879,000 after buying an additional 230 shares during the period. BlackRock Group LTD increased its position in shares of FactSet Research Systems by 18.7% in the first quarter. BlackRock Group LTD now owns 42,737 shares of the company’s stock worth $6,476,000 after buying an additional 6,728 shares during the period. Finally, State Street Corp increased its position in shares of FactSet Research Systems by 0.6% in the first quarter. State Street Corp now owns 1,069,984 shares of the company’s stock worth $162,130,000 after buying an additional 6,153 shares during the period. Institutional investors and hedge funds own 92.87% of the company’s stock.

About FactSet Research Systems

FactSet Research Systems Inc (FactSet) is a provider of integrated financial information and analytical applications to the global investment community. The Company operates through three segments based on geographic business activities: the U.S., Europe and Asia Pacific. Sales, consulting, data collection, product development and software engineering are the primary functional groups within the U.S., Europe and Asia Pacific segments that provide global financial and economic information to investment managers, investment banks and other financial services professionals.

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